Silicone

This week, the price of DMC rose first and stabilized later. Silicone monomer producers reduced operating rate, and the downstream customers showed enthusiasm for purchasing. The leading DMC enterprises in Shandong Province raised prices. Later, the price of DMC turned to be stable. The price of silicon metal fell. The price of methyl chloride dropped sharply while that of methanol adjusted. The production cost of DMC reduced. In the week, the prices of OH polymer, gum and silicone fluid all rose, driven by the falling price of raw materials and the increased purchase of downstream players, and HCR price was stable. All in all, the silicone price is projected to stay stable in the short run.  

Fumed silica

This week, the domestic fumed silica market ran well. Some enterprises raised price slightly while the others maintained stable price. In terms of raw materials, the shortage of monomethyltrichlorosilane (MTCS) made its price stay high. The price of silicon tetrachloride (STC) was basically in stability. In the week, individual fumed silica enterprises stopped selling their products once again, controlling new orders in case of the increased production cost. The producers of RTV rubber and HCR in the downstream sectors bought fumed silica on the rigid demand, with the flat actual transaction volume. It’s anticipated that the price of fumed silica will fluctuate at a high level in the short term.

Silicon metal 

The price of silicon metal dropped this week. On the supply side, the producers operated normally, and some new capacity released, leading to an increase in supply. Concerning the demand, the silicone price was up. The silicone monomer producers reduced operating rate and bought silicon metal based on their needs. Polysilicon factories offered stable prices. Due to the release of new capacity and the production resumption by overhauled enterprises, the production of polysilicon increased, leading to an increase in demand for silicon metal. The aluminium price fluctuated at a high level, producers ran normally, they bought silicon metal on rigid demand. Currently, amid the few inventory of silicon metal and the increasing production cost, the fall of silicon metal price is small.

Polysilicon

The polysilicon price in the week stabilized for the time being. The existing contract orders were not completed by the polysilicon companies. The silicon wafer producers reduced the operating rate to varying degrees, decreasing needs for polysilicon. The ingot mono pulling producers had relatively sufficient polysilicon inventory. The inventory pressure in the downstream sector transferred toward the upstream sector, making the polysilicon inventory increase. In summary, in the case of a sharp decrease in demand and the existing orders by polysilicon companies, the polysilicon price remained stable for a short period.